Chapter 1 General Principles
Article 1
To standardize the internal reporting of major information at Shenzhen Placo New Materials Co., Ltd. (hereinafter referred to as "the Company"), clarify the information collection and management methods for all departments, branches, and subsidiaries, and ensure the Company discloses information truthfully, accurately, completely, and timely, this system is formulated in accordance with the "Securities Law of the People's Republic of China" (hereinafter referred to as "the Securities Law"), the "Management Measures for Information Disclosure of Listed Companies," the "Securities Listing Rules of the Hong Kong Stock Exchange," and other relevant laws and regulations, as well as the Company's Articles of Association (hereinafter referred to as "the Articles of Association"), combined with the actual situation of the Company.
Article 2
The major information referred to in this system includes the information specified in Chapter 2 and any other information or matters that may significantly affect the trading price of the Company's stock and its derivatives or investment decisions.
Article 3
The Board Office of the Company is the management department for information disclosure. The heads and information contacts of all departments, branches, and subsidiaries are the information reporters (hereinafter referred to as "reporters"), who are obligated to report major information as stipulated in this system to the Board Office and submit relevant documents and materials.
Article 4
Reporters shall fulfill their information reporting obligations to the Board Office within the timeframe specified in this system and ensure that the relevant materials provided are true, accurate, and complete. Reporters are responsible for the authenticity, accuracy, completeness, and timeliness of the reported information.
Chapter 2 Scope of Major Information
Article 5
When any of the following situations occur or are about to occur in any department, branch, or subsidiary of the Company, the relevant reporters shall report the information to the Board Office:
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The following situations occurring in any subsidiary must be reported promptly:
- A board meeting is held and resolutions are made;
- A supervisory board meeting (if any) is held and resolutions are made;
- A shareholders' meeting is held or the date of the shareholders' meeting is changed;
- A shareholders' meeting is held and resolutions are made.
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The following transactions occurring in any department, branch, or subsidiary:
- Purchase or sale of assets;
- External investments (including entrusted financial management, investments in subsidiaries, etc., excluding the establishment or capital increase of wholly-owned subsidiaries);
- Providing financial assistance to others (including entrusted loans);
- Providing guarantees (referring to guarantees provided by the Company for others, including guarantees for subsidiaries);
- Leasing in or leasing out assets;
- Signing management-related contracts (including entrusted operations, entrusted management, etc.);
- Donating or receiving assets;
- Debt or liability restructuring;
- Transfer of research and development projects;
- Signing licensing agreements;
- Waiving rights (including preemptive purchase rights, preemptive subscription rights, etc.);
- Other transactions recognized by the securities exchange where the Company's stock is listed or by securities regulatory rules.
However, the following activities do not fall under the transactions specified in the preceding paragraph:
- Purchasing raw materials, fuel, and power related to daily operations (excluding purchases and sales of such assets involved in asset swaps);
- Selling products, goods, and other assets related to daily operations (excluding purchases and sales of such assets involved in asset swaps);
- Transactions that, although falling under the preceding paragraph, are part of the Company's main business activities.